Green light for new national sports promotion structures in Liechtenstein
The government of Liechtenstein and the Liechtenstein Olympic Committee sign a performance agreement to inaugurate new national sports structures in Liechtenstein
Deputy Prime Minister Dr. Daniel Risch,Isabel Fehr, President of the Liechtenstein Olympic Committee (LOC), and Beat Wachter, managing director of the LOC, signed on the 20. December 2018 the new performance agreement between the government of Liechtenstein and the LOC for the years 2019 to 2022.
With the revision of the Sports Act, which came into force on the 1st of January 2019, a new basis for the adaptation of national sports promotion structures was created. Under the Sports Act, the government can now delegate some or all of its funding to private
institutions. Based on this foundation and the sports promotion regulation, a four-year performance agreement between the government and the LOC was concluded to transfer the federation-organized promotion of popular and competitive sports funding
to the LOC. The LOC receives an additional annual state contribution for the years 2019 to 2022 for the federation-organized sports promotion.
The performance agreement defines the general cooperation between the government and the LOC and regulates the services as well as the associated requirements. In addition, the performance agreement contains provisions on the reporting obligations of the LOC and the controlling by the government.